Bangladesh Gas Fields Company Limited

Bangladesh Gas Fields Company Limited
AbbreviationBGFCL
Formation1976
HeadquartersBrahmanbaria , Bangladesh
Region served
Bangladesh
Official language
Bengali
OwnerGovernment of Bangladesh
Key people
Abul Mansur Md Faizullah
Parent organization
Petrobangla
SubsidiariesTitas Gas Field,

Habiganj Gas Field, Bakhrabad Gas Field, Narsingdi Gas Field, Meghna Gas Field, Kamta Gas Field,

Sangu Gas Fields
RevenueUS$450 million (in 2016)
Staff1390 (in 2016)
WebsiteBangladesh Gas Fields Company Limited

Bangladesh Gas Fields Company Limited (Bengali: বাংলাদেশ গ্যাস ফিল্ডস কোম্পানী লিমিটেড), abbreviated as BGFCL, is a major gas fields company that the Bangladesh government owns through Petrobangla.[1] The BGFCL owns Titas Gas Field, Habiganj Gas Field, Bakhrabad Gas Field, Narsingdi Gas Field, Meghna Gas Field, Kamta Gas Field, and Sangu Gas Fields.[2][3][4]

History

The BGFCL traces its origins to the operations of Shell Oil Company in Bangladesh. On 7 August 1975, the Government of Bangladesh bought the gas fields owned by Shell Oil Company. On 12 September 1975, the BGFCL was established to take over the operations of the gas fields.[5] It currently produces 725 million standard cubic feet of gas daily in Bangladesh.[6] The wells of BGFCL and Sylhet Gas Field Limited, the other state-owned gas field company, are outdated and narrow which has hampered production.[7]

References

  1. ^ "Bangladesh Gas Fields Company Limited". mpemr.gov.bd. Archived from the original on 28 July 2019. Retrieved 16 August 2019.
  2. ^ "Fields Of BGFCL". bgfcl.org.bd. Archived from the original on 16 August 2019. Retrieved 16 August 2019.
  3. ^ "Drilling of 17th Titas gas well starts". The Daily Star (Bangladesh). 1 September 2012. Retrieved 16 August 2019.
  4. ^ "B'baria well adds new gas to national grid". The Daily Star (Bangladesh). 6 June 2014. Retrieved 16 August 2019.
  5. ^ "History". bgfcl.org.bd. Archived from the original on 16 August 2019. Retrieved 16 August 2019.
  6. ^ "BGFCL at a glance". bgfcl.org.bd. Archived from the original on 16 August 2019. Retrieved 16 August 2019.
  7. ^ "Behind gas crisis". The Daily Star (Bangladesh). 23 January 2010. Retrieved 16 August 2019.